What are the Legal Requirements to Franchise your Business?
Host: East Midlands Chamber
Cost: Free
Do you want to grow your business?
Franchising is a route that you can choose to do this. In this session we will clarify what franchising is and the legal steps and requirements to grow your business from using it.
What’s covered:
- A description of what the legal meaning of business format franchising is
- Outline of the key legal steps and contractual documentation required to franchise a business
- Overview of the key considerations and terms in a franchise agreement and how they help you
- Ethical franchising considerations
- Key points on franchise structure and strategic considerations
Delivered by:
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Fiona Boswell is a Partner at Knights Plc and has many years’ experience in advising businesses on franchising and in particular on setting up, managing, growing and exiting franchise networks. Fiona heads up a multidisciplinary team that advise those in the franchise sector on all aspects of their franchising journey from acquisitions and disposals, real estate, contracts and termination, HR aspects and disputes. With clients ranging from established to emerging franchisors, area developers, multi-unit and multi brand franchisees, brands coming into the UK, and those wishing to expand elsewhere.
Eligibility:
This workshop is open to established enterprises located in Derby, Derbyshire, Nottingham and Nottinghamshire.
Receipt of this support is subject to the Subsidy Control Act (2022). To qualify an enterprise cannot have received more than £315,000 Minimal Financial Assistance (MFA) and or De Minimis within any three-year period.
The project is funded by EMCCA’s UK Shared Prosperity Fund allocation and is delivered by East Midlands Chamber.
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